Ceylon Hotels Corporation (CHC) will invest over Rs.5 billion to build a 50 room hotel in the Maldives. All the rooms will be water bungalows.
Hotels Corporation and Galle Face Hotels Chairman Sanjeev Gardiner said they have already started construction and the property will be opened by end 2017.
The hotel is situated 30 minutes flying time from the Maldives airport or one and a half hour ride on the speed boat, in Ambaraaa island.
Managing Director of the hotel, Chethiya Perera said CHC sees tremendous opportunities in the Maldives and this is the reason they decided to invest in the archipelago. “Both the Galle Face Hotels and Hotels Corporation have very good hotels spread all over Sri Lanka and we can also offer this to Maldivian bound guests, and also our Maldives property to guests who patronise Galle Face and Hotels Corporation hotels.”
Perera said that under the second stage on this proposed hotels still to be named they will add a further 50 rooms.
He said that the Hotels Corporation is upbeat in the Maldives and will further invest to build a 40 roomed hotel. “This would be build in an island situated further away from the Male capital.”
He disclosed that the Hotels Corporation will also be re branding their properties and this will happen by end of the year.”However the Galle Face Hotels would not see a name change.”
He also said that around Rs. 60 million was invested to refurbish The Lake House Hotel in Polonnaruwa.
Galle Face Hotel has already entered into a partnership with the Zinc Journey run by a top Nepalese businessman on the Forbes list of billionaires, Binod Chaudhary. This has infused more capital to the Hotels Corporation for our future investment.”
Zinc Journey purchased a 50 percent stake in 11 rest houses out of CHC’s 20-odd portfolio by investing Rs.600 million.
www.dailynews.lk
Hotels Corporation and Galle Face Hotels Chairman Sanjeev Gardiner said they have already started construction and the property will be opened by end 2017.
The hotel is situated 30 minutes flying time from the Maldives airport or one and a half hour ride on the speed boat, in Ambaraaa island.
Managing Director of the hotel, Chethiya Perera said CHC sees tremendous opportunities in the Maldives and this is the reason they decided to invest in the archipelago. “Both the Galle Face Hotels and Hotels Corporation have very good hotels spread all over Sri Lanka and we can also offer this to Maldivian bound guests, and also our Maldives property to guests who patronise Galle Face and Hotels Corporation hotels.”
Perera said that under the second stage on this proposed hotels still to be named they will add a further 50 rooms.
He said that the Hotels Corporation is upbeat in the Maldives and will further invest to build a 40 roomed hotel. “This would be build in an island situated further away from the Male capital.”
He disclosed that the Hotels Corporation will also be re branding their properties and this will happen by end of the year.”However the Galle Face Hotels would not see a name change.”
He also said that around Rs. 60 million was invested to refurbish The Lake House Hotel in Polonnaruwa.
Galle Face Hotel has already entered into a partnership with the Zinc Journey run by a top Nepalese businessman on the Forbes list of billionaires, Binod Chaudhary. This has infused more capital to the Hotels Corporation for our future investment.”
Zinc Journey purchased a 50 percent stake in 11 rest houses out of CHC’s 20-odd portfolio by investing Rs.600 million.
www.dailynews.lk
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